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20121201
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-- the cars have made less of an impact in the u-s due to the fact that diesel fuel is more expensive. there's currently a missing ingredient in the martha stewart empire -- a ceo. the ceo of martha stewart living omnimedia -- lisa gersh -- is leaving the company after just one year. the company is now looking for a replacement. other branches of the company including its publishing and broadcasting units have experienced recent declines. pfizer is cutting jobs in order to cope with losses from its popular drug lipitor. bloomberg reports the pharmaceutical company will cut fs over broll 20 percent of its workforce -- or around 600 sales jobs. pfizer's lipitor has seen an increase in competition within the generic drug market. a spokesperson for pfizer did not confirm the report --but did say the company is making changes to fit the future needs of business. facebook gave investors something to "like" in 2012.. despite it's botched ipo day. because it was a heavy hitter.. ipo values this year, topped last year. with $40 billion dollars in 2012 ipo money compared to $35.5 billion in 2011. 1
jobs may stall out at a gm plant in germany. the u.s. automaker is out with plans to stop making its zafiras at its opel division in 2016. gm, however, is considering other options for the factory to stymie job losses. the carmaker is attempting to put the brakes on its losses in europe. the plant shutdown becomes the first for germany since world war ii. italian bond yields headed higher following news that prime minister mario monti plans to resign. monti's reign will come to an end in february, following passage of the 2013 budget. the move raises political concerns over italy in the midst of the eurozone crisis. monti has been credited with keeping italy's debt crisis under control. the japanese economy has some gross domestic problems. japan's gdp has contracted two quarters in a row, signaling it has entered recession. a recent territorial dispute with the chinese government and struggles following last year's tsunami continue to hurt japan's export market. an election next week in japan could have a large effect on fiscal policy. reports say delta is close to landing a deal th
toll on the southern plains and deep south. creative acccounting at the federal level. with the u.s. expected to reach its $16.4- trillion debt ceiling before the end of the year, the treasury department will undertake acccounting manuvers to create $200 billion in what treasury secretary timothy giethner calls "headroom." call it, "in your facebook." an instagram user has filed what could become a class-action lawsuit over a policy change that would allow instagram to sell ads using a person's name or photo published on the website. instagram announced it would backtrack on the idea, but eventually wants to come back to users and explain its intentions. the u.s. government may expand its mortgage refinancing program to include borrowers not backed by fannie mae and freddie mac and also include borrowers who owe more than their homes are worth - about 22% of all homes with a mortgage. from department stores to bookshops to jewelry sellers, a lot of retail stocks are dragging around their empty boxes and gift wrap post- christmas. mark sebastian of option pit joins us. mark, welcome
Search Results 0 to 2 of about 3